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Apr 24, 2013
04/13
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it's been a rough six months for apple. after topping $700 a share in september, the stock is now down 42%. the very rich got rich eras the nation began to recover from the great recession. everyone else got a little bit poorer. a report today by the pew research center says that between 2009 and 2011 the upper 7% of american households saw their net worth increase by 28%. but the vast majority of americans saw their wealth drop by 4%. one reason for the disparity, the very wealthy are heavily invested in the stock market which rose during that period. the city of los angeles will pay more than $4 million to settle claims by two women who were hurt when police mistakenly opened fire on their pick-up truck during the hunt for ex-cop christopher dorner in february. the women were delivering newspapers. one was shot in the back. the other was hit by flying glass. dorner went on a killing spree seeking revenge for being fired. he took his own life after police cornered him. a doctor in boston has an unusual specialty. her story
it's been a rough six months for apple. after topping $700 a share in september, the stock is now down 42%. the very rich got rich eras the nation began to recover from the great recession. everyone else got a little bit poorer. a report today by the pew research center says that between 2009 and 2011 the upper 7% of american households saw their net worth increase by 28%. but the vast majority of americans saw their wealth drop by 4%. one reason for the disparity, the very wealthy are heavily...
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Apr 20, 2013
04/13
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i'm with mary and margie apple balm. they live in watertown. in your opinion boston for the marathon. tell me what this is like to have this resolution now tonight and see that ambulance drive by. >> i wasn't directly at the marathon, i was at work and i work on huntington avenue at the new england conservatory and the ambulances were going up and down the street, going in, coming out plus all the police cars is so it was sirens for a couple of hours. >> reporter: and this last night. >> and this last night. it was like okay, why is this in my town. i've been up since 9:00 in the morning because we could hear cars going up and down the street. they were i guess mobilizing and pretty quietly, actually, on our street, we live on kind of a secondary main road so -- we were hearing this, it woke us up we turn on news, oh, my god, what's going on, oh, my god, they here in watertown. >> pelley: you heard the shots. >> at the end. at the end. sff. >> reporter: at the end what was it like? >> we laughed, we cried, we've been on social media all afterno
i'm with mary and margie apple balm. they live in watertown. in your opinion boston for the marathon. tell me what this is like to have this resolution now tonight and see that ambulance drive by. >> i wasn't directly at the marathon, i was at work and i work on huntington avenue at the new england conservatory and the ambulances were going up and down the street, going in, coming out plus all the police cars is so it was sirens for a couple of hours. >> reporter: and this last...
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Apr 20, 2013
04/13
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including the bruins game, the red sox game, and hopefully, the big apple circus. >> a big and happy, and hopefully, relief-filled day for boston. elizabeth vaas reporting from copley square. let's talk about the brothers tsarnaev. for years, they seemed to be productive members of the boston community. so what changed? how did they get radicalized? pierre thomas joins us with more. pierre, good morning to you. >> reporter: in many ways, this is the quest for the american dream turned nightmare. immigrants of the russian caukasus, the brothers came to the u.s. with their parents, attempting refugee status and thrived. >> the high school student i knew and my classmates knew is the exact opposite of the person that's been committing these crimes. >> reporter: their mother, speaking to russian television, refuses to believe her sons are vicious killers. >> it's impossible. impossible for them -- for both of them to do such things. i'm telling that this is a setup. >> reporter: older brother, tamerlan, 26, was a star athlete and pianist. also a champion golden gloves boxer. with dreams o
including the bruins game, the red sox game, and hopefully, the big apple circus. >> a big and happy, and hopefully, relief-filled day for boston. elizabeth vaas reporting from copley square. let's talk about the brothers tsarnaev. for years, they seemed to be productive members of the boston community. so what changed? how did they get radicalized? pierre thomas joins us with more. pierre, good morning to you. >> reporter: in many ways, this is the quest for the american dream...
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Apr 24, 2013
04/13
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. >>> on the "cbs moneywatch" hackers target the "associated press" and apple sales fly. ashley morrison is here in new york with that and more. good morning, ashley. >> good morning to you anne-marie. hackers attacked the "associated press's" twitter account. the tweets falsely reported explosions in the white house and that president obama had been injured. the news sent the dow plunging 143 points, but it quickly recovered when the a.p. corrected that report. the syrian electronic army claimed responsibility. the fbi is investigating. >>> the market ended on a positive note with investors encouraged by earnings reports through lockheed martin and other major companies. the dow climbed 152 points, while the nasdaq finished up 35 points. >>> asian markets followed wall street's gains. tok tokyo's nikkei rose more than 2% while hong kong's hang seng added 1%. >>> apple experienced a drop in sales this quarter compared to 2012, the first decline in years, but the tech company says it will also hand out $1 billion to its shareholders over the next two years. it's buying bac
. >>> on the "cbs moneywatch" hackers target the "associated press" and apple sales fly. ashley morrison is here in new york with that and more. good morning, ashley. >> good morning to you anne-marie. hackers attacked the "associated press's" twitter account. the tweets falsely reported explosions in the white house and that president obama had been injured. the news sent the dow plunging 143 points, but it quickly recovered when the a.p. corrected...
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Apr 22, 2013
04/13
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apple is the biggest name on the list. if you own apple shares, you have probably seen and felt this stomach churning chart. share price has tumbled over the past year down 31% over that period now trading below $400 a share. why? slumping demand for products. apple was once the most valuable company in the world by market value, so the stock some analysts say relatively cheap right now. we will know better tomorrow what the future of apple will be. it has an awful lot to prove. investors have been stung. apple clearly a big business story of the day and the week. john. >> no question a lot of people watching that very closely. thanks. meanwhile, ahead on "starting point," the surviving suspect hidden in this plain sight after the marathon bombings going about college life as if nothing ever happened. we will hear from students who spoke to him on campus. you're watching a special edition of "starting point" live from boston. people join angie's list for all kinds of reasons. i go to angie's list to gauge whether or not th
apple is the biggest name on the list. if you own apple shares, you have probably seen and felt this stomach churning chart. share price has tumbled over the past year down 31% over that period now trading below $400 a share. why? slumping demand for products. apple was once the most valuable company in the world by market value, so the stock some analysts say relatively cheap right now. we will know better tomorrow what the future of apple will be. it has an awful lot to prove. investors have...
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Apr 22, 2013
04/13
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reports show apple is storing your question to suri for up to two years. it keeps the questions to judge siri's effectiveness. why the technology never revealed it is storing them. >>> boston bombing suspect could be charged today. there's a debate brewing over what the exact charges that he should face should be. some are calling for him to be charged as an enemy combatant but others stais the label that is necessary. th if they are going to charge him as an enemy combatant they have to act now. american center for law and justice jordan specula. thank you for joining us. >> thanks, heather. >> there are reports unconfirmed for us that the suspect is in fact communicating in some way and answering questions. how if at all does that effect the time line for the charges? >>> what is interesting, it looks like the department of justice is already delayed because this was an unexpected development as if it would never happen. we were supposed to hear charges yesterday now they are saying or reporting the earliest would be today. when that kicks in the right t
reports show apple is storing your question to suri for up to two years. it keeps the questions to judge siri's effectiveness. why the technology never revealed it is storing them. >>> boston bombing suspect could be charged today. there's a debate brewing over what the exact charges that he should face should be. some are calling for him to be charged as an enemy combatant but others stais the label that is necessary. th if they are going to charge him as an enemy combatant they have...
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Apr 24, 2013
04/13
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apple's 2nd quarter earnings of $9.5 billion stronger than expected but that's actually an 18% drop from the same quarter last year marking apple's first year-over-year profit decline in a decade. >>> investigators are piecing together what led up to the boston marathon bombings. they are getting clues from the surviving suspect who is in fair condition. vinita nair with what the suspect is telling the investigators. some tough details today. >> reporter: that's right. the suspect is here at beth israel hospital where he is recovering from multiple gunshot wounds. you said the word clues. that's exactly what they are getting right now. it is very little in terms of the motive but today for the first time, we heard from the widow of the slain brother. a sign that read, we are boston strong, is now on the doors of boylston street apartment building that chris and lindsey returned to today. >> we are happy to be here. >> reporter: block by block, residents, business owners and workers were allowed back into the neighborhood the deadly bombings rocked eight days ago. >> we are safe and i thi
apple's 2nd quarter earnings of $9.5 billion stronger than expected but that's actually an 18% drop from the same quarter last year marking apple's first year-over-year profit decline in a decade. >>> investigators are piecing together what led up to the boston marathon bombings. they are getting clues from the surviving suspect who is in fair condition. vinita nair with what the suspect is telling the investigators. some tough details today. >> reporter: that's right. the...
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Apr 23, 2013
04/13
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big question, has the rest of the tech industry caught up with apple? is the shine off the apple? sorry, i had to use that terrible little pun. but still be watching apple. and another big story for you, the list is out. and sorry to all of you newspaper reporters out there, you officially have the worst job in america. >> the worst job? >> the worst job in america. with the median income of about $36,000 a year. career cast does this study every year. the results are based on things like income, industry outlook, stress, physical demands. >> so not happiness? >> happiness is in there. here's the rest of the top five worst jobs. lumberjack is number two, followed by enlisted military personnel, actor, and oil rig worker. so the best jobs in america? the number one job in america according to career cast an actuary, make about 87 grand a year, biomedical engineers, software engineers, an audiologist and financial planner round out the top five. when i look at the best jobs in america, all top ten or 20 of them, it's a lot of s.t.e.m. jobs, science, technology, engineering, math. a
big question, has the rest of the tech industry caught up with apple? is the shine off the apple? sorry, i had to use that terrible little pun. but still be watching apple. and another big story for you, the list is out. and sorry to all of you newspaper reporters out there, you officially have the worst job in america. >> the worst job? >> the worst job in america. with the median income of about $36,000 a year. career cast does this study every year. the results are based on...
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Apr 24, 2013
04/13
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CNNW
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apple had 18% drop in earnings the first drop for apple in a decade. >>> and now i want to return to our continuing coverage of the boston bombings. tonight we are learning more about the life of the tsarnaev brothers and what they were living like before their lallegd attack. there seems to be fancy cars and a will havish lifestyle. take a look at the photographs. it shows tamerlan tsarnaev looking what appears to be rather lavish lifestyle. talented boxer. pretty fancy clothes. but it may not have been the case. from what we can report, it appears tsarnaev was strapped for cash. relying on welfare up until last year. david mattingly is "outfront" and what have you learned about the finances of this family? [ no audio ] >> -- immigrant family that didn't have a lot. the father was a mechanic and the mother offered facials out of their small apartment. they did receive assistance from the state. this could have included temporary aid and food stamps. the tsarnaev brothers would have benefited from this when they were younger, getting government assistance through their parents. when
apple had 18% drop in earnings the first drop for apple in a decade. >>> and now i want to return to our continuing coverage of the boston bombings. tonight we are learning more about the life of the tsarnaev brothers and what they were living like before their lallegd attack. there seems to be fancy cars and a will havish lifestyle. take a look at the photographs. it shows tamerlan tsarnaev looking what appears to be rather lavish lifestyle. talented boxer. pretty fancy clothes. but...
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Apr 24, 2013
04/13
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apple also raising its dividends so apple shareholders will get a little bit of a payback if they hold the stock. john, back to you in boston. >> all right, thanks so much, christine. next, we just have an incredible story to tell you about. the hero who found the surviving boston bombing suspect. he will tell you how it all went down. and reports that dzhokhar tsarnaev is doing better this morning and there are demands that he be moved. dr. sanjay gupta joins us. as does former u.s. attorney general alberto gonzales. he has crucial insight into this. you're watching a special edition of "starting point" live from boston. hwelcome back.. nice to see you again! hey! i almost didn't recognize you without the suit. well, this is my weekend suit. weekend getaways just got better. well, enjoy your round! alright, thanks! save a ton on our best available rate when you book early and feel the hamptonality. and be good for your face? [ female announcer ] now there's new neutrogena® naturals acne cleanser. acne medicine from the wintergreen leaf treats breakouts. no parabens or harsh sulfates.
apple also raising its dividends so apple shareholders will get a little bit of a payback if they hold the stock. john, back to you in boston. >> all right, thanks so much, christine. next, we just have an incredible story to tell you about. the hero who found the surviving boston bombing suspect. he will tell you how it all went down. and reports that dzhokhar tsarnaev is doing better this morning and there are demands that he be moved. dr. sanjay gupta joins us. as does former u.s....
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Apr 24, 2013
04/13
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. >>> apple recorded its first declines in years. even so the cupertino company -- it also hinted it won't release any new products until the fall. apple stocks were down after trading. >>> new video tonight of a two alarm fire at a women's shelter. the women and children had evacuated. no one was hurt. the red cross is now helping find temporary shelter for those residents. >>> the santa clara county's sheriff office has released video. this video is from the 7/11 in unincorporated san jose. authorities are hoping someone can identify the man in the hooded sweatshirt. he was seen with another man in an orange sweatshirt. the victim was able to get away. the incident happened two months ago on valentine's day at 11:45 at night. >>> the parents of little leaguers made a plea to the vallejo city council for increased police reports. their request comes after two men got into an argument at a little league game last week and one fired shots at the other. at tonight's meeting city council members heard the comments just as they began to
. >>> apple recorded its first declines in years. even so the cupertino company -- it also hinted it won't release any new products until the fall. apple stocks were down after trading. >>> new video tonight of a two alarm fire at a women's shelter. the women and children had evacuated. no one was hurt. the red cross is now helping find temporary shelter for those residents. >>> the santa clara county's sheriff office has released video. this video is from the 7/11 in...
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Apr 24, 2013
04/13
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. >>> apple recorded its first declines in years. even so the cupertino company -- it also hinted it won't release any new products until the fall. apple stocks were down after trading. >>> new video tonight of a two alarm fire at a women's shelter. the women and children had evacuated. no one was hurt. the red cross is now helping find temporary shelter for those residents. >>> the santa clara county's sheriff office has released video. this video is from the 7/11 in unincorporated san jose. authorities are hoping someone can identify the man in the hooded sweatshirt. he was seen with another man in an orange sweatshirt. the victim was able to get away. the incident happened two months ago on valentine's day at 11:45 at night. >>> the parents of little leaguers made a plea to the vallejo city council for increased police reports. their request comes after two men got into an argument at a little league game last week and one fired shots at the other. at tonight's meeting city council members heard the comments just as they began to
. >>> apple recorded its first declines in years. even so the cupertino company -- it also hinted it won't release any new products until the fall. apple stocks were down after trading. >>> new video tonight of a two alarm fire at a women's shelter. the women and children had evacuated. no one was hurt. the red cross is now helping find temporary shelter for those residents. >>> the santa clara county's sheriff office has released video. this video is from the 7/11 in...
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Apr 23, 2013
04/13
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dow futures up 50 points ahead of earning points of apple and at&t. all right. do love your job, hate your job? the ab you'u annual list of bes worst jobs is out. and newspaper reporter is the worst of the worst. a poor industry outlook hurting the ranking. lumberjack second worst, followed by enlisted military personnel. actor and oil rig worker. the best job in america is an actuary. about $87,000 a year. biomedical and software engineers are next. audiologist and financial planner round out the top five. they look at everything from physical exertion on the job to happiness to pay to satisfaction overall. john. >> all right. thanks so much, christine romans. ahead on "starting point," the surviving boston bombing suspect appears to be cooperating with authorities. how does that affect the prosecution's case? we'll look at the legal road ahead with cnn's senior analyst jeffrey toobin. >>> plus, neil diamond's "sweet caroline," become an an them th. but the songwriter is working on something new. we will have details they are so good, so good, so good. details
dow futures up 50 points ahead of earning points of apple and at&t. all right. do love your job, hate your job? the ab you'u annual list of bes worst jobs is out. and newspaper reporter is the worst of the worst. a poor industry outlook hurting the ranking. lumberjack second worst, followed by enlisted military personnel. actor and oil rig worker. the best job in america is an actuary. about $87,000 a year. biomedical and software engineers are next. audiologist and financial planner round...
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Apr 22, 2013
04/13
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CNBC
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and another bite out of apple. key questions about the future of this company that many thought was invincible. and another, a sudden big move for the stock of google before self-correcting. that was the company involved here. what happened and how you can get hurt. first to sue. >> hi. welcome back. we missed you. great to have you back here. we start power lunch with a manpower problem at the nation's airports. politicians are not rising above and neither are many of the air travelers out there. we begin with hampton pierceon. >> here at reagan national, the number of flights being delayed has been increasing throughout the day. a snapshot looking at the schedule board shows 30 minutes to one hour delays. delays due to furloughs of controller controllers business and leez travelers we talk to today think the government ought to have come up with a better solution. r. >> i think they should have more air traffic controllers because it helps with our safety. >> i have tsa approved. i travel constantly. >> the major
and another bite out of apple. key questions about the future of this company that many thought was invincible. and another, a sudden big move for the stock of google before self-correcting. that was the company involved here. what happened and how you can get hurt. first to sue. >> hi. welcome back. we missed you. great to have you back here. we start power lunch with a manpower problem at the nation's airports. politicians are not rising above and neither are many of the air travelers...
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Apr 24, 2013
04/13
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so here is the story with apple. in the last quarter, they sold a lot of products, 37 million phones. 10 million more than the same time last year, but they are less profitable than they were. why is that? they didn't launch anything new. competition has gotten so much better is >> competition has gotten better and because competition is better they had to bring prices down and they haven't been as profitable. >> is there time to buy apple when this smart money is saying. >> i normally -- i like to buy things when they're out of favor and they have gone from $700 to a share to $400 so it looks shape. it's cheaper than safe way and kroger which makes no sense, but in the back of my mind i worry about rapid with technology names. there's one competitor away and one product away from being up ended and we've seen that happen with apple. i still remember companies like atari and compact and they don't know what those companies were when they're red hot so that's what makes me worry about apple. >> melody hopkins thank yo
so here is the story with apple. in the last quarter, they sold a lot of products, 37 million phones. 10 million more than the same time last year, but they are less profitable than they were. why is that? they didn't launch anything new. competition has gotten so much better is >> competition has gotten better and because competition is better they had to bring prices down and they haven't been as profitable. >> is there time to buy apple when this smart money is saying. >> i...
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Apr 24, 2013
04/13
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scott mcgrew, you say apple now middle age? >> apple middle age. just like jon and i are, right? certainly not a young start-up. apple reported its profits tuesday. if you were to make one takeaway idea from this whole affair, it would be that apple has really reached middle age. the company is doing thing that is only mature companies do, like issuing dividends. in fact, on the phone call with reporters, tim cook said he wants apple to become the biggest dividend-paying company in america. young companies resist sharing their profits with investors because they've got better things to do with the money, like grow. apple said it saw its first decline in profit in ten years and iphone's sales growth were slowing. then this, ipad sales, that's good news. that's still going gangbusters. the house energy and commerce committee will hold hearings into fisker a short time from now. pictures of fisker unveiling at santana row some years ago. the last time the committee investigated a department of energy loan, it was to solyndra. house republicans are eager to embarrass the obama admini
scott mcgrew, you say apple now middle age? >> apple middle age. just like jon and i are, right? certainly not a young start-up. apple reported its profits tuesday. if you were to make one takeaway idea from this whole affair, it would be that apple has really reached middle age. the company is doing thing that is only mature companies do, like issuing dividends. in fact, on the phone call with reporters, tim cook said he wants apple to become the biggest dividend-paying company in...
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Apr 19, 2013
04/13
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. >>> shares of apple posting the second largest weekly decline in 2 1/2 years, down more that 9 percent. shares are down 45% from hitting the all-time high in september, marking a loss of more than $294 billion in fact cap. >>> ibm is trading down more 8%, marking big blue's largest drop in eight years after its quarterly earnings missed expectations on both the top and bottom lines. more business headlines in the next hour, but for now, maria, back to you. >> courtney, thank you. watertown, massachusetts, is where the manhunt took place today. we're joined now by mike driscoll. mike, thank you for calling in. what can you tell us about the region right now? >> well, again, as everything, we're still in a shelter in place. they did that earlier this morning, on or about, a little before 5:00, the decision was made to, number one priority is the safety of our residents and the residents of the commonwealth. >> at this point, we know that the area is in lockdown mode. the faa, saying there is a no fly zone over watertown. we know that amtrak has been suspended indefinitely. so, do we know
. >>> shares of apple posting the second largest weekly decline in 2 1/2 years, down more that 9 percent. shares are down 45% from hitting the all-time high in september, marking a loss of more than $294 billion in fact cap. >>> ibm is trading down more 8%, marking big blue's largest drop in eight years after its quarterly earnings missed expectations on both the top and bottom lines. more business headlines in the next hour, but for now, maria, back to you. >> courtney,...
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Apr 22, 2013
04/13
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apple lost $300 billion in market value since last september. well, the senate may vote on a bill to let states collect sales tax on all online purchases and they've been recruiting users to rally against the measure and gas prices could drop another 20 cents by memorial day. it is due to the falling oil prices and continued weak energy demand. good news for drivers looking to hit the road. betty. >> may be time for a road trip then. >>> thank you. >>> other stories, traveling by air, first day with a 10% slash to the air traffic controller workforce. it's part of the sequester. delays were mostly non eexisten on thursday except for waits around new york and los angeles but the real test begins today. the furloughs last through september and are expected to save 200 million bucks. >>> the u.s. is going after china on cybersecurity and "wall street journal" reports that they're considering several aggressive options to confront them ranging from diplomatic pressure to indicting chinese nationals in u.s. courts. officials tell "the journal" they'r
apple lost $300 billion in market value since last september. well, the senate may vote on a bill to let states collect sales tax on all online purchases and they've been recruiting users to rally against the measure and gas prices could drop another 20 cents by memorial day. it is due to the falling oil prices and continued weak energy demand. good news for drivers looking to hit the road. betty. >> may be time for a road trip then. >>> thank you. >>> other stories,...
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Apr 24, 2013
04/13
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>> apple's decision to share cash comes in an interesting time today apple confirmed earnings dropped 18%. apple seems to be shoring up it's competence at the same time as consumers seemed to be lured away by competitors. one quarter doesn't make or break a company. but a drop does expect that margins have dropped. ceo tim cook told reporters he's frustrated but apple remains strong. apple has loyal consumers. >> when you think of a tech company what company comes to mind? >> apple. >> however, some perceptions of apple may be changing google has been very open about its foray into self driving cars and google glasses. >> this seems to dip into everything. google has kind of hit everything. >> i think google is getting justify bli a lot of credit. >> van baker tracks both companies but recognizes that google is prone to drop ideas as fast as it creates them. >> you don't know what projects goring to survive and they tend to pull the trigger on products and some projects that are quickly. >> he didn't say anything about this year. >> owning i do believe they're losing this because ther
>> apple's decision to share cash comes in an interesting time today apple confirmed earnings dropped 18%. apple seems to be shoring up it's competence at the same time as consumers seemed to be lured away by competitors. one quarter doesn't make or break a company. but a drop does expect that margins have dropped. ceo tim cook told reporters he's frustrated but apple remains strong. apple has loyal consumers. >> when you think of a tech company what company comes to mind? >>...
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Apr 23, 2013
04/13
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>> it's been incredibility to see the collapse of apple stock. it hasn't been trading this low since november of 2011. that was right after steve jobs died. we want to explore a couple of reasons why the stock is trading so much lower. when you look at the technology business, it is almost like the movie business. you have to unveil hit after hit. the stock exchange is maturing. most people who have cell phones have smart phones. competition has never been more intense. you look at amazon creating great products. we'll be watching the earnings and the guidance. wolf. >> we'll see what happens with apple. >>> coming up, a nike t-shirt with the words boston massacre stayed on sale for days after the bombings. we'll tell you what they're doing about that coming up. ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and recondition each one, until it's nothing short of a genuine certified pre-owned... mercedes-benz for the next new owner. ♪ hurry in to your authorized mercedes-benz dealer for 1.99% financing du
>> it's been incredibility to see the collapse of apple stock. it hasn't been trading this low since november of 2011. that was right after steve jobs died. we want to explore a couple of reasons why the stock is trading so much lower. when you look at the technology business, it is almost like the movie business. you have to unveil hit after hit. the stock exchange is maturing. most people who have cell phones have smart phones. competition has never been more intense. you look at amazon...
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Apr 23, 2013
04/13
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FBC
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has become a parent's phone, i can imagine my kids saying oh, you got an apple and i don't' an apple, the new emerging consumers are buying sam shunnings, ansamsungs, and i say blackberry again, because older folks have apple products. >> what is the new ceo going to do for apple. tim cook had the baton passed to him, by steve jobs who passed away, we knew it was going to happen, they had great products in the pipeline, steve jobs died, did you think that apple stock would go to 900, you know now down below 400, that is incandescent no matter who -- inevitable no matter who took over steve jobs, there is a little bit of battle over what to do with cash, that apple sitting on, but, this is a well-run company, i don't know they will find anybody better than tim cook, i think this is a lot of chatter from speculators just saying what they wish all happen. neil: you know, i think what happens we live in a short attention span type society, we have the ceos, on a short leash, they get a grace parting prize but in case of j.c. penney they do not have a language leash to run. -- long leash
has become a parent's phone, i can imagine my kids saying oh, you got an apple and i don't' an apple, the new emerging consumers are buying sam shunnings, ansamsungs, and i say blackberry again, because older folks have apple products. >> what is the new ceo going to do for apple. tim cook had the baton passed to him, by steve jobs who passed away, we knew it was going to happen, they had great products in the pipeline, steve jobs died, did you think that apple stock would go to 900, you...
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Apr 20, 2013
04/13
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this is very much a story of apple pie and chevrolet neighborhood, today, after all that horrific violence that happened in the community, all that fear that happened in the community, they were shutdown, families are out. you see people walking their dogs, you see little kids setting up a lemonade stand, one little girl telling me she is going to take the proceeds from that stand and give them to victims of the bombing, real heartwarming stories, you see a lot of folks from the surrounding boston area who just wanted to come into watertown and see what was going on, even taking pictures. one lady had a good sense of humor about it on the street where the shootout happened early on friday, she goes, my car sustained bomb damage, my husband's sustained bullet damage. i hope that's covered by our insurer. there's a little lightness here and there on the serious side, over on franklin street exwhere the second suspect was ultimately found, craig, that is still very much an active crime scene. when we went over there we saw fbi investigators still combing through it the street is shut off, onl
this is very much a story of apple pie and chevrolet neighborhood, today, after all that horrific violence that happened in the community, all that fear that happened in the community, they were shutdown, families are out. you see people walking their dogs, you see little kids setting up a lemonade stand, one little girl telling me she is going to take the proceeds from that stand and give them to victims of the bombing, real heartwarming stories, you see a lot of folks from the surrounding...
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Apr 24, 2013
04/13
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> apple. >>reporter: however some consumer perception of apple may changing as it keeps nut product development highly secret. google has been very open about the about area in driving cars and google glasses giving out selectively to test. >> they seem to dip into everything and before you kind of think about apple but google kind of taking things to whole new level in terms of technology and they have kind of hit everything. >> i think google is definitely getting unjustifiably a lot of credit for being innovative. >>reporter: he tracks both company as mobile analyst for the research company and says google will drop idea as fast as it creates them you don't know what prom equity survive and which ones go away. they tend to pull the trigger on some products and some effort and some projects fairly quickly. >>reporter: ceo cook today said apple has amazing hardware coming out next year but didn't say anything about this year. >> owning apple product i do believe they are losing the edge becau
> apple. >>reporter: however some consumer perception of apple may changing as it keeps nut product development highly secret. google has been very open about the about area in driving cars and google glasses giving out selectively to test. >> they seem to dip into everything and before you kind of think about apple but google kind of taking things to whole new level in terms of technology and they have kind of hit everything. >> i think google is definitely getting...
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Apr 24, 2013
04/13
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all of the markets were pushed higher by earnings report, including apple, which beat expectations. its stock is down $3 00 from a high it set in september. the company announced today it will distribute $100 billion to shareholders by the end of 2015. >>> a tweet about a white house attack turns out to be a hoax. who got hacked? >> i know the fear and i know the anxiety. >> the governor talks to victims. what happened to him that proves no one is immuned. >>> and soaring in the sun like a modern day icarus. why this tale of flight has a happier ending. >>> mid 80s. this afternoon, mid 50s. big change. overnight lows tonight around 50 degrees. we'll talk about how chilly we're going to get. how foggy we're going to get. that's coming up. ,, the humble back seat. we believe it can be the most valuable real estate on earth. ♪ that's why we designed our newest subaru from the back seat forward. introducing the all-new, completely restyled subaru forester. love. it's what makes a subaru, a subaru. expected. >>> california on track to collect $4 billion more in personal income taxes th
all of the markets were pushed higher by earnings report, including apple, which beat expectations. its stock is down $3 00 from a high it set in september. the company announced today it will distribute $100 billion to shareholders by the end of 2015. >>> a tweet about a white house attack turns out to be a hoax. who got hacked? >> i know the fear and i know the anxiety. >> the governor talks to victims. what happened to him that proves no one is immuned. >>> and...
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Apr 24, 2013
04/13
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for comparison the late apple c.e.o. held a 97 percent approval rating when he stepped down before 2011. >> the natural air conditioning we are showing you here is in effect but what about later on today. >> it has been affecting air travel. >> we have 30 minutes flight arrival delays at sfo so they are minor but out there and check out our flight tracker at abc7news.com. we are going to talk about how temperatures are 15 to 20 degrees cooler than this time yesterday and nine atand five at oakland and seven degrees cooler in hayward and san jose and four to five in san carlos and mountain view. antioch is at 53 and san jose is 49 and same for san francisco. today we will have upper 50's along the coast with low-to-mid 60's around san francisco and richmond and 68 in oakland and san mateo and low-to-mid 70's for the rest of the bay shore and mid-70's to low 80's inland. now, tomorrow is going to be cooler, with more clouds in the morning and extra sunshine and warmth for the weekend. >> it look like a cool drive with not
for comparison the late apple c.e.o. held a 97 percent approval rating when he stepped down before 2011. >> the natural air conditioning we are showing you here is in effect but what about later on today. >> it has been affecting air travel. >> we have 30 minutes flight arrival delays at sfo so they are minor but out there and check out our flight tracker at abc7news.com. we are going to talk about how temperatures are 15 to 20 degrees cooler than this time yesterday and nine...
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Apr 22, 2013
04/13
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apple falling 9% last week as investors worried about softer demands for the iphone and the ipad. ibm lost 8% on friday. the biggest in eight years after disappointing earnings. >>> we will get status on existing home sales and earnings. the dow closed 14,457. while the nasdaq rose 39 points to 3,206. the u.s. government may be tightening its belt. it is having a minimal impact on businesses. the survey wants to know 80%, they lower government spending. higher taxes hasn't hurt their sales. profits are higher. this isn't translating into new jobs. only 22% of the companies say they have added workers in the past three months. back to you. >>> we are checking in with rob mayeda in for christina. bringing good weather with you. >> celebrating earth day. focusing on the sun. >> it is going to be warming up fast by lunchtime. i think what you'll find, around noon, temperatures in the mid to upper 80s. maybe some 90s on the map as early as 3:00 this afternoon. right now, 50s outside. you might be able to get away without worrying about a thick coat. temperatures will be warming quickly
apple falling 9% last week as investors worried about softer demands for the iphone and the ipad. ibm lost 8% on friday. the biggest in eight years after disappointing earnings. >>> we will get status on existing home sales and earnings. the dow closed 14,457. while the nasdaq rose 39 points to 3,206. the u.s. government may be tightening its belt. it is having a minimal impact on businesses. the survey wants to know 80%, they lower government spending. higher taxes hasn't hurt their...
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Apr 23, 2013
04/13
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apple now is dealing with defective iphones. two chinese newspapers report that apple returned 8 mill -- eight million iphones to china. it is not cheer clear which models are affected but apple is not experiencing iphone short averages and they could cost the company $250 million. executives have admitted that the iphone is the most difficult device they have assembled. >> netflix starts positive with shares for the company surging yesterday following the announcement they signed up two million new subscribers the first quarter closing up 11 points to $174.237 a share because of additional they say of new original programming including "house of cards" and "arrested development." the c.e.o. says that the company could one day have up to 20 original series streaming for customers. >> now don't want to spend time inside were whatting a movie because it is so gorgeous. >> more comfortable today. >> cooler than year. a little. but still warmer-than-average temperatures. remember the breezes from yesterday? they are still gusting in
apple now is dealing with defective iphones. two chinese newspapers report that apple returned 8 mill -- eight million iphones to china. it is not cheer clear which models are affected but apple is not experiencing iphone short averages and they could cost the company $250 million. executives have admitted that the iphone is the most difficult device they have assembled. >> netflix starts positive with shares for the company surging yesterday following the announcement they signed up two...
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Apr 23, 2013
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apple reports earnings today. with the stock dropping below $400 a share after peaking above 700 in september, you know it's the talk of wall street. apple still selling a record number of iphones and ipads, but growth is dropping amid competition. the fed gets seven big banks to rein in bonuses for executives who meet or exceed performance targets. "the wall street journal" reports regulars have been concerned since the financial crisis about ties between high pay and the amount of risk that banks are taking. >>> well, now you never have to get off the couch. pizza hut and microsoft are launching a new app that lets people order food via xbox live. richard, back to you. >> now i'm kind of hungry. thanks, courtney. >>> other action on the street. netflix shares skyrocketing 24% in after-hours trading. and that's thanks in part to new streaming original content. the company announced a new family plan as well to let four users stream at once for just $11.99 a month. senators voted overwhelmingly in favor of debatin
apple reports earnings today. with the stock dropping below $400 a share after peaking above 700 in september, you know it's the talk of wall street. apple still selling a record number of iphones and ipads, but growth is dropping amid competition. the fed gets seven big banks to rein in bonuses for executives who meet or exceed performance targets. "the wall street journal" reports regulars have been concerned since the financial crisis about ties between high pay and the amount of...
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Apr 22, 2013
04/13
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essentially major countries including apple, ford, exxonmobil, will release their earnings this week. it comes as they finish their worst week since november. the dow lost 317 points while nasdaq lofrt nearly 89. there's good news at the pump with a gallon of gas dropping 11 cents. the lung berg survey now finds the total. tulsa has the cheapest at $3.21 a gaon while chicago is the most expensive in the continental u.s. at 3.97. >>> oblivion beat the competition at the box office this weekend. the sigh-fie thriller stars tom cruise as one of the last humans on a war-torn earth following an alien investigation. it hauled in more than $83 million. 42 fell to second place with $178 million in second. the croods rounds out the top three with 5.93. anne-marie? >> erica ferrari in new york. thank you, erica. straight ahead, your monday morning weather. and legally arrested. actress reese witherspoon has an embarrassing run-in with the law during a traffic stop. so i can't afford to have germy surfaces. but a fresh sheet of bounty duratowel leaves this surface cleaner than a germy dishcloth.
essentially major countries including apple, ford, exxonmobil, will release their earnings this week. it comes as they finish their worst week since november. the dow lost 317 points while nasdaq lofrt nearly 89. there's good news at the pump with a gallon of gas dropping 11 cents. the lung berg survey now finds the total. tulsa has the cheapest at $3.21 a gaon while chicago is the most expensive in the continental u.s. at 3.97. >>> oblivion beat the competition at the box office this...
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Apr 24, 2013
04/13
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shareholders asking if apple's magic is fading. apple's response? it's going to reach in and give money back to shareholders. apple will give you a 2.7% return for holding apple shares. it's not as big as other stocks. it's called a dividend yield. intel 3.9%. at&t, 4.6%. altria, 5% of the dividend yield. it's way more than you get in a savings account. apple shareholders need good news. the stock down 30% the past year. apple shares up slightly in the premarket. its profits slipped a little bit, but it's still selling a lot of devices, 37.4 million iphones during three months. that averages out to 288 iphones every single minute for three months straight. apple sold 20 million ipads. but people aren't buying as many of the latest, most expensive models. they're choosing the cheaper versions like the iphone 4s, the ipad mini, and that's one reason why the stock is down because they make more money on the higher end, newer products. absolutely. >> most people who do buy apple, they have to have the latest and greatest. i guess the frietrend is kind o
shareholders asking if apple's magic is fading. apple's response? it's going to reach in and give money back to shareholders. apple will give you a 2.7% return for holding apple shares. it's not as big as other stocks. it's called a dividend yield. intel 3.9%. at&t, 4.6%. altria, 5% of the dividend yield. it's way more than you get in a savings account. apple shareholders need good news. the stock down 30% the past year. apple shares up slightly in the premarket. its profits slipped a...
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Apr 22, 2013
04/13
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apple fell 9% last week. worries about iphone demand have prompted investors to look for the exit. apple has lost $300 billion in market value since last september. >>> and the senate may vote today on a bill to let states collect sales tax on all online purchases. though ebay ceo has reportedly been recruiting users to rally against the measure. >>> and gas prices could drop another 20 cents by memorial day. it's due to falling oil prices and continued weak energy demand. good news for drivers looking to hit the road. richard? >> we will take that. thank you so much. >>> here are other stories we're keeping an eye on for you. if you're traveling by air today, allow a little more time. it's the first weekday with a 10% slash to the nation's air traffic controller work force. the furloughs went into place last night as part of the so-called sequester. delays were mostly nonexistent on sunday except for waits of up to an hour in and around new york and los angeles. but the real test begins today. the furloughs will last through september and are expected to save about $200 million. >
apple fell 9% last week. worries about iphone demand have prompted investors to look for the exit. apple has lost $300 billion in market value since last september. >>> and the senate may vote today on a bill to let states collect sales tax on all online purchases. though ebay ceo has reportedly been recruiting users to rally against the measure. >>> and gas prices could drop another 20 cents by memorial day. it's due to falling oil prices and continued weak energy demand....
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Apr 24, 2013
04/13
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the silver lining, over the next two years apple is funneling more than $100 billion back to share holders through stock buybacks and higher dividends. >>> in new york city today, the launch of the samsung experience shop which will pop up in some 1,400 best buy stores. >>> warner brothers will sell the only tickets to june's superman's film, man of steel. >>> and speaking of comic book heroes, the story life and death of marilyn monroe is the subject of a new bluewater comic book. it will sell for 3.99 in stores or 1.99 online >>> a north carolina woman picked up the holy grail of video game finds for $8 at a goodwill store. it's a nintendo game called family fun fitness, stadium events. it's one of 200 that were ever released. it could be worth tens of thousands of dollars. >>> and finally after evian's worldly popular baby on roller skates ad went viral in 2009, they are tapping the fountain of youth again for millions of bankable clicks. this time dancing adults are ecstatic to see themselves as babies in a reflection. the ad has already wracked up more than $2 28 million views. >>> co
the silver lining, over the next two years apple is funneling more than $100 billion back to share holders through stock buybacks and higher dividends. >>> in new york city today, the launch of the samsung experience shop which will pop up in some 1,400 best buy stores. >>> warner brothers will sell the only tickets to june's superman's film, man of steel. >>> and speaking of comic book heroes, the story life and death of marilyn monroe is the subject of a new...
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Apr 22, 2013
04/13
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that got so high on apple? >> i guess the real risk of self-incrimination i'm going to go ahead and say wall street expectations. i mean, the company has done a fantastic job over the last decade with their product portfolio. and they've really come to dominate a couple markets. tablets, obviously, and smartphones as well. i think the biggest problem is that they've taken all the profits that are available there. and there just isn't room to grow once the market is saturated. >> bill, what do you nithink is going on? from the outside it would appear one of the knocks on apple right now is t innovation is more incremental than transformational. steve jobs is gone. should expectations be coming down anyway for this company? >> i think you're right, bill, the company has been a victim of its own success. they beat wall street expectations for over 30 quarters. i think lulled us all into believing that would extend forever. think about the stock at $700 in the fall. people were starting to bake in apple tv estimate
that got so high on apple? >> i guess the real risk of self-incrimination i'm going to go ahead and say wall street expectations. i mean, the company has done a fantastic job over the last decade with their product portfolio. and they've really come to dominate a couple markets. tablets, obviously, and smartphones as well. i think the biggest problem is that they've taken all the profits that are available there. and there just isn't room to grow once the market is saturated. >>...
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Apr 22, 2013
04/13
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about a third of the companies, including apple and exxon are reporting earnings. the dow is up 27. the nasdaq is up over 1%, up 32. and spp up 8 -- and the s&p up 8. >>> gas prices continue to slip in san francisco and the bay area. san francisco has the highest prices in the continental u.s., averaging $4.06 a gallon. around the rest of the bay area, gas is about 12 cents cheaper. it's done from the week and the experts say we could be paying 20 cents less by the end of the month. >>> tonight on the news at 5:00 -- illegal dumping. the reason san francisco is going after the state of nevada. >>> thank you for trusting ktvu news. we're always on at ktvu.com and mobile ktvu.com.
about a third of the companies, including apple and exxon are reporting earnings. the dow is up 27. the nasdaq is up over 1%, up 32. and spp up 8 -- and the s&p up 8. >>> gas prices continue to slip in san francisco and the bay area. san francisco has the highest prices in the continental u.s., averaging $4.06 a gallon. around the rest of the bay area, gas is about 12 cents cheaper. it's done from the week and the experts say we could be paying 20 cents less by the end of the...
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Apr 23, 2013
04/13
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apple is still selling a record number of iphones and ipads, but the growth is growing and competition from samsung and other smart phone workers. >>> seven banks including pnc and capital one reign in bonuses for those who meet or exceed targets. federal regulators have been concerned about the ties between high pay and if amount of risk banks are taking. >>> now you never have to get off the couch. piz zoo and microsoft -- pizza and microsoft are launching a new app, 25% of pizza orders are made online. >> that sounds like a match made in hemp. thanks so much, courtney. >>> in other action on the street, netflix shares rose in trading thanks in part to original streaming content. they plan four families stream at once for $11.99 a month. >>> senators voted overwhelmingly in favor to help force online retailers to collect tens of billions of dollars in sales taxes. a final senate vote could come by the end of the week. >>> a campaign to raise funds for boston bombing victim and now double amputee jeff baiman -- bauman has received $600,000 raised in just six days. >>> it's one thing t
apple is still selling a record number of iphones and ipads, but the growth is growing and competition from samsung and other smart phone workers. >>> seven banks including pnc and capital one reign in bonuses for those who meet or exceed targets. federal regulators have been concerned about the ties between high pay and if amount of risk banks are taking. >>> now you never have to get off the couch. piz zoo and microsoft -- pizza and microsoft are launching a new app, 25% of...
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Apr 23, 2013
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according to reporting by wired, those questions and commands you share with siri can be stored on apple servers for up to two years. not a problem if you just want to know where the nearest pharmacy is. but what if you want to know where the nearest bar is? or sex club? or you ask it jokingly or in earnest how to cheat on your taxes or your wife? apple insists it can't share that information with anyone, but that hasn't stopped the aclu from expressing serious concerns over its privacy practices. but besides the obvious and now all too familiar caveat that nothing is truly private anymore, there's a reason for skepticism about apple's insistence they'll guard your secret conversations with siri. last week the house passed a vote by a 288-127 vote. it's packaged as a national security bill that allows private companies like google and facebook, to share electronic information like your e-mails and chats, with the government. it has also earned the ire of the aclu. it enjoys bipartisan support and this appoi disappointingly the backing of a surprising number of republicans, one of whom, m
according to reporting by wired, those questions and commands you share with siri can be stored on apple servers for up to two years. not a problem if you just want to know where the nearest pharmacy is. but what if you want to know where the nearest bar is? or sex club? or you ask it jokingly or in earnest how to cheat on your taxes or your wife? apple insists it can't share that information with anyone, but that hasn't stopped the aclu from expressing serious concerns over its privacy...
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Apr 24, 2013
04/13
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. >>> big changes for apple after quarterly earnings dropped for the first time in more than ten years. ceo tim cook says the company will spend $100 million to buy back shares and increase dividends. on the hardware side, cook says, quote, we've got some really great stuff coming in the fall and across all of 2014. so, stay tuned. >>> it's taken more than a year. iphone 4 owners are receiving refund checks for 15 bucks. the reason, the expense for a bumper guard to solve reception problems with the phone. apple decided to pay customers for the purchase to settle a class-action lawsuit. >>> there's a new list out that's revealing the very best and very worst jobs from this year. according to careerpath.com, which tracked the numbers, a software engineer is the third. best job. biomedical engineer comes in number two. and an actuary is number one. now, to the bad news. these are the three worst jobs. third is enlisted military personnel. then, a lumberjack. and the very, very worst job on the planet, apparently was a newspaper reporter. >> wow. all right. >>> watch out jimmy kimmel, dav
. >>> big changes for apple after quarterly earnings dropped for the first time in more than ten years. ceo tim cook says the company will spend $100 million to buy back shares and increase dividends. on the hardware side, cook says, quote, we've got some really great stuff coming in the fall and across all of 2014. so, stay tuned. >>> it's taken more than a year. iphone 4 owners are receiving refund checks for 15 bucks. the reason, the expense for a bumper guard to solve...
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Apr 22, 2013
04/13
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looking at apple. nicole: everyone is talking about apple. it is maybe owned in the s&p, for example. it is still under $400. this was a $700 stock last september. you have two that are hot on it today. we are looking at avondale. there is good news. they are liking what they are seeing with apple. so far, apple shareholders are disappointed. back to you. connell: if we see you at a party, we will not ask about apple. dagen: i am not talking about apple at a party. connell: i do not want to see at a party anyway. dagen: you are not invited. connell: investors who have bet on it. the feeding frenzy in the pet care industry. that is a cute dog. this one on the other hand, i am not so sure. we will transition smoothly from dogs on television two currencies. we will be right. ♪ thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everyt
looking at apple. nicole: everyone is talking about apple. it is maybe owned in the s&p, for example. it is still under $400. this was a $700 stock last september. you have two that are hot on it today. we are looking at avondale. there is good news. they are liking what they are seeing with apple. so far, apple shareholders are disappointed. back to you. connell: if we see you at a party, we will not ask about apple. dagen: i am not talking about apple at a party. connell: i do not want to...
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Apr 23, 2013
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all eyes on apple ahead of its earnings report this afternoon. the concern is that the company could say it saw a sharp drop in iphone sales. the stock taking a big beating down nearly 45% since its peak last september. meantime, netflix is another one to keep an eye on. the on demand movie streaming site reporting a gain of 2 million u.s. subscriber. that's sending the stocks soaring in after hour sessions. >> jackie with the new york stock exchange, thanks. >>> a terrifying moment in celina, kansas, where a woman walked into a bathroom at the circus, closed the door, and then she came face to face with a tiger two feet away from her. this is video when the massive feline escaped during its performance. then when the woman was in the bathroom with the tiger, she stayed calm. she was able to exit and alerted workers who then recaptured the animal. the woman's 3-year-old daughter meanwhile had only one concern about that hair racing incident. she wanted to know if the tiger washed its hands before leaving the bathroom, its paws. >> that's like a s
all eyes on apple ahead of its earnings report this afternoon. the concern is that the company could say it saw a sharp drop in iphone sales. the stock taking a big beating down nearly 45% since its peak last september. meantime, netflix is another one to keep an eye on. the on demand movie streaming site reporting a gain of 2 million u.s. subscriber. that's sending the stocks soaring in after hour sessions. >> jackie with the new york stock exchange, thanks. >>> a terrifying...
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Apr 23, 2013
04/13
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some big earnings reports coming out today on wall street, not the least of which is apple. for more on that and the rest of our news before the bell, we turn to courtney reagan live at cnbc world headquarters. >>> good morning. futures are lower. that's after the market posted modest gains on monday. we will get data on new home sales and a ton of earnings. the dow rising 19 points. the nasdaq up 27 to 3233. apple reports earnings this afternoon with the stock in free-fall dropping about he low $400 after peaking above 400. analysts expect profits to shrink for the first time in a decade. police still selling a record number of iphones and pads. >> back to you. we'll see how they fair. thank you, courtney. christina loren has the day off. that means rob mayeda is in. i had the windows down. almost 70 right now. in napa and santa rosa. we have fog in parts of the coast. one of the stranger weather mornings you will see around the bay area. san francisco, we have north winds working into san francisco right now. you can see, it is 54 degrees. san francisco over toward oakland
some big earnings reports coming out today on wall street, not the least of which is apple. for more on that and the rest of our news before the bell, we turn to courtney reagan live at cnbc world headquarters. >>> good morning. futures are lower. that's after the market posted modest gains on monday. we will get data on new home sales and a ton of earnings. the dow rising 19 points. the nasdaq up 27 to 3233. apple reports earnings this afternoon with the stock in free-fall dropping...
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Apr 24, 2013
04/13
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>> coming up at 6:00, apple reports the first earnings decline in a decade. how is that affecting c.e.o.? we have the poll what e >> the natural air conditioning from the bay area and mike will tell us where the temperatures will be in a couple of minutes. >> if you use a clipper card you may have fewer privacy worries in the future. transportation planners are voting to reduce the length of time your travel data can be storeed. right now they keep the information for up to seven years. the land is to reduce this to 4 1/2 years making it the same length of time that fast track data is saved. a lawmaker has introduced a bill to cut data retention time to six months but that is opposed. we will get the forecast from mike and an explanation for why they didn't turn the ac on, on the hottest day of the week waiting as the temperatures come down. mike? >> do you expect me to understand my wife? really, understand my wife? >> the house did not cool off after being so warm the day before. all that warm air trapped in there did not take so much to get it hot again. m
>> coming up at 6:00, apple reports the first earnings decline in a decade. how is that affecting c.e.o.? we have the poll what e >> the natural air conditioning from the bay area and mike will tell us where the temperatures will be in a couple of minutes. >> if you use a clipper card you may have fewer privacy worries in the future. transportation planners are voting to reduce the length of time your travel data can be storeed. right now they keep the information for up to...
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Apr 24, 2013
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apple is sharing down $5 to $401 a share. pam cook, ktvu channel 2 news. >>> let's bring you up to date on some of the other top stories we're following for you right now. we're finding out new information about the suspected mastermind about the boston marathon bombs. the paper reports that tamerlan tsarnaev was living on state welfare benefits at the very same time he was embracing radical, anti-american political views. there's also word the boston marathon bombings was planned a week before the race. >>> m.i.t. is getting ready to hold a memorial service for the campus police officer allegedly assassinated last week by the bombing suspect. the memorial follows yesterday's funeral for sean collier. vice president is expected at the private service this morning. >>> here at home a very important meeting on fixing those bad bolts on the new bay bridge. it will start in about 45 minutes from right now. caltrans will tell us what they are doing to fix the problem. it's been raising safety concerns about the new eastern span. k
apple is sharing down $5 to $401 a share. pam cook, ktvu channel 2 news. >>> let's bring you up to date on some of the other top stories we're following for you right now. we're finding out new information about the suspected mastermind about the boston marathon bombs. the paper reports that tamerlan tsarnaev was living on state welfare benefits at the very same time he was embracing radical, anti-american political views. there's also word the boston marathon bombings was planned a...
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Apr 24, 2013
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today, apple delivering mostly soothing news. sales were strong, the company says it sold more than 37 million iphones and 19 million ipads. apple will increase the dividend it pays to shareholders while buying back more of its own stock. that is a nod to its slumping stock price. >> the next 700 you know dollar price share was really inflated. the market is actually taken it to a logical correction, which is much closer. 400 is still lower than it should be. which means it's a pretty good value. >> apple's ceo tim cook told reporters on a conference call this afternoon that apple has new products coming starting this fall. now, apple share price popped $20 higher this afternoon as the earnings were released and then fell back to the level it settled at in regular trading. other companies in the news. no question about the direction of netflix stock after losing a staggering amount of value six months ago, they've been on a comeback tear. they've reported better than expected earnings. today rewarding investors with a gain of 24t
today, apple delivering mostly soothing news. sales were strong, the company says it sold more than 37 million iphones and 19 million ipads. apple will increase the dividend it pays to shareholders while buying back more of its own stock. that is a nod to its slumping stock price. >> the next 700 you know dollar price share was really inflated. the market is actually taken it to a logical correction, which is much closer. 400 is still lower than it should be. which means it's a pretty...
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Apr 23, 2013
04/13
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. >>> apple shares are higher after hours, revenue and profits came in better than expected. however, the guidance was disappointing. >>> also bullish news on housing did help stocks today. new home sales rose 1.5% in march. reversing a steep decline in february. that is it from cnbc, first in business worldwide. back to "hardball." >>> welcome back to "hardball." in philadelphia, right now, the trial of an abortion doctor charged with the murder of babies, the prosecutorors say we born alive, is generating national headlines. of course, it was page 1 of today's "usa today" with the headline "gruesome testimony renews debate over abortion." i'm not sure about that, but it is is gruesome testimony. a grand jury report released in 2011 called the clinic a house of horrors. the bottom line remains this is a murder case. originally dr. kirmet was charged with seven counts of first-degree murder for killing babies that were allegedly born alive and viable. a judge threw out three of the seven murder charges. the judge did not explain his reasoning. reports indicated he did not hea
. >>> apple shares are higher after hours, revenue and profits came in better than expected. however, the guidance was disappointing. >>> also bullish news on housing did help stocks today. new home sales rose 1.5% in march. reversing a steep decline in february. that is it from cnbc, first in business worldwide. back to "hardball." >>> welcome back to "hardball." in philadelphia, right now, the trial of an abortion doctor charged with the murder...
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Apr 23, 2013
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but apple accounted for 74% of the total revenue between the two app stores. at the same time, google play appears to be gaining ground fast from a year ago, when apple had 90% of the revenue. >>> has anyone ever told you to get to the punch line? that's what twitter plans to do next monday when it teams up with comedy central. comedians will tweet quicky jokes. rob riener and mel brooks are scheduled to kick off the festival next monday with an event in los angeles. >>> you have to be 21 to buy drinks or go gambling. new york city council and mayoral candidate quinn wants to raise the minimum age for tobacco purchases from 18 to 21. texas recently tried the same thing but the proposed law failed. several states have an age limit of 18 to buy tobacco. >>> today president obama invited 100 students to take part in this year's white house science far, and that included jessica borral. she designed a device that fights eye muscle fatigue from staring too long at computers. >> i'm getting a patent on it. i'd love to manufacture them and give them out to all school
but apple accounted for 74% of the total revenue between the two app stores. at the same time, google play appears to be gaining ground fast from a year ago, when apple had 90% of the revenue. >>> has anyone ever told you to get to the punch line? that's what twitter plans to do next monday when it teams up with comedy central. comedians will tweet quicky jokes. rob riener and mel brooks are scheduled to kick off the festival next monday with an event in los angeles. >>> you...
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Apr 21, 2013
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now certainly the san jose area still has apple, the world's most valuable company, as well as google. >> talk about that facebook phone. >> peninsula has facebook. but the new hot start-ups, twitter, yelp, sales force, were all drawn to san francisco. several because of the city's community benefit agreement or cba. a contract whereby the city agrees to drop some taxes in exchange for economic benefits. in the case of start-up zen, the company agreed to locate in the downtrodden tenderloin. and support local jobs. in this case, a accident desk luncheon catered by a charity which trains and employs formerly homeless workers. that arrangement has become known as the twitter tax break. however, it really ought to be known as the zen tax break. mark nu. martin giles of the economist. we will talk about how -- what you have to do to san francisco to earn this. but let's start with what you get out of it. why do you want this? >> i think that -- several things drove this product. one of the things i feel personally is the most for thing is that we have a focus for the entire company. we ar
now certainly the san jose area still has apple, the world's most valuable company, as well as google. >> talk about that facebook phone. >> peninsula has facebook. but the new hot start-ups, twitter, yelp, sales force, were all drawn to san francisco. several because of the city's community benefit agreement or cba. a contract whereby the city agrees to drop some taxes in exchange for economic benefits. in the case of start-up zen, the company agreed to locate in the downtrodden...
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Apr 23, 2013
04/13
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it had lost $0.290 billion at the apple iphone5 was introduced. here is goldman sachs weighing in on apple they are expecting challenges. new products coming out in the second half of the year. also, lazard capital is saying the same thing. we do not know whether or not apple will say anything more about how it will use its cash for things like capital formation. we will be watching that. those are the numbers we are looking for from the street. back to you, dagen and connell. connell: it is amazing to see apple compared to some of these. thank you, elizabeth. we will have full coverage of this later on. cheryl and dennis in the next part of markets now. they will look at $400 a share and whether that is the new normal. dagen: paying for the president's budget. if you are making more than $200,000 a year, you will be picking up a bit part of the debt. connell: on a big day for the markets, the s&p winners. netflix. that is the big story. look at that. ♪ why are 8 million people why are 8 million people sleeping better tonight? they went to a sle
it had lost $0.290 billion at the apple iphone5 was introduced. here is goldman sachs weighing in on apple they are expecting challenges. new products coming out in the second half of the year. also, lazard capital is saying the same thing. we do not know whether or not apple will say anything more about how it will use its cash for things like capital formation. we will be watching that. those are the numbers we are looking for from the street. back to you, dagen and connell. connell: it is...
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Apr 23, 2013
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starting with apple's earnings, its quarterly results are expected to shrink for the first time in a decade. decade. iphone sales are in a slump. shares have plunged 55% over the past six months. >>> can you remember life before youtube? the website turned 8 years old today. >> here we are, one of thealfants. >> this clip is the very first youtube video. that is the website cofounder at the san diego zoo. >> business partners sold to google for a whopping $1.65 billion. ♪ >> that is the most watched video on youtube. "gangnam style" with more than $1.5 billion views. >> youtube has become the number one source of viral videos, cat videos in particular like this post showing a cat playing with a vacuum cleaner. what is it about cats on youtube? i don't know. this is one of the most watched videos this week. >> you are watching cnn news room live. we will have more on the boston investigation. >> stay with cnn. [ tires screech ] [ beeping ] ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and recondition each one, until it's nothing short of a
starting with apple's earnings, its quarterly results are expected to shrink for the first time in a decade. decade. iphone sales are in a slump. shares have plunged 55% over the past six months. >>> can you remember life before youtube? the website turned 8 years old today. >> here we are, one of thealfants. >> this clip is the very first youtube video. that is the website cofounder at the san diego zoo. >> business partners sold to google for a whopping $1.65...
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Apr 22, 2013
04/13
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. >>> apple, amazon, caterpillar, at&t, ford, starbucks, exxonmobil, just some of the companies scheduled to come out with earnings reports this week. more than 80 companies reported last week. 72% did better than analysts expected. stocks lost ground last week though despite closing higher on friday. the dow up 10. nasdaq up about 40. and the futures are up today. so that's good. >>> investors who held on to their boeing stock after the new 787 dreamliner was grounded are reaping the rewards now. the faa approved a fix for the battery system that kept dreamliner out of service for three months. boeing stocks surged 2% on friday up 19% from its low point this year. >>> and another major rating agency has stripped britain of its aaa credit score. fitch down gridded them one knowledge to aa-plus -- downgraded them one notch to aa- plus saying they can't get a handle on their debt. >>> the latest lundberg survey shows the california average for a gallon of regular gas dropped 9 cents over the past two weeks. it's now down to 3.90. the highest average surprise in san francisco at 3.96 a gallo
. >>> apple, amazon, caterpillar, at&t, ford, starbucks, exxonmobil, just some of the companies scheduled to come out with earnings reports this week. more than 80 companies reported last week. 72% did better than analysts expected. stocks lost ground last week though despite closing higher on friday. the dow up 10. nasdaq up about 40. and the futures are up today. so that's good. >>> investors who held on to their boeing stock after the new 787 dreamliner was grounded are...